Tag: mobile security partnership

Mobile security firm is acquired by AVG

AVG Technologies has announced its intentions to purchase Location Labs.

The Dutch anti-virus and internet security software company has revealed it has made a $220 million deal to acquire the California-based mobile security firm in an effort to improve its security offerings for mobile devices.

Many of the top mobile operators in the US market use Location Labs technologies.

At&T, T-Mobile, Sprint, Verizon, and Telefonica use the mobile security company’s integrated platform to provide their Android smartphones with integrated security, which comes as a pre-installed service on the phones.

According to AVG, the acquisition will considerably widen its position as an internet security provider and will also speed up the expansion of its mobile security division. At the same time, by acquiring Location Labs, AVG stated it will not only gain access to personal security products of value, but could also form new partnerships with the four major US mobile operators.

“Location Labs has effectively cracked the code for mobile monetisation through its highly successful business model with industry partners. This acquisition significantly accelerates AVG’s mobile strategy in this area,” said AVG’s CEO Gary Kovacs. He noted that the company is not only unique in the market for providing secure mobile services, but it has also managed to do this in a way that generates money.mobile security - AVG

The deal gives Location Labs the chance to boost its mobile security offerings beyond the US market.

Tasso Roumeliotis, the founder of Location Labs, said that by adding AVG’s mobile products to their own “services and products will significantly enhance the innovation and support we can provide to our partners and to additional markets worldwide.”

Under agreement terms, AVG is to pay $149 million upfront and, based on performance levels and targets, an additional $80 million over the next two years. Before the acquisition takes place, it requires shareholder approval. However, if it is accepted, it is anticipated that the deal will close during Q4 2014.

Presently, AVG’s offerings for mobile security include AVG Zen, which is an app for both Android powered mobile devices and Windows PCs, as well as AVG AntiVirus for Android.

Mobile security solution unveiled by Zscaler

The company has focused this new release on increased levels of visibility and control with advanced threat protection.

One of the industry leaders in secure direct to cloud network for global advanced protection and policy enforcement, Zscaler, has just announced the release of its new mobile security solution.

This release has widened the Zscaler Network benefits in a number of ways that they believe are highly important.

The benefits of the network are now broadened to include centrally managed advanced mobile security threat protection, in addition to real time visibility and granular policy controls for smartphones and tablets that have been implemented as a part of environments that are BYOD, corporate issued, or hybrid.

The company also announced new mobile security partnership with Mobile Device Management (MDM).

Mobile Security SolutionsThey explained that this helps with mobile security integration in order to complement auditing and provisioning capabilities. According to the Zscaler CEO and founder, Jay Chaudhry, “Security appliances have become irrelevant in securing mobile users since mobile traffic and cloud applications often bypass appliances completely.”

He went on to state that MDM solutions were only the first step that has been taken to better configure and manage smartphones and tablets and that Zscaler is the natural path ahead for providing mobile security through the inspection of all content over these devices, policy enforcement, and making certain of visibility.

IDC has stated that a top mobile security concern among 68 percent of organizations that are IT controlled is malware. Zscaler’s own research suggests that browsers generate under 40 percent of traffic over smartphone and tablet devices. In fact, the largest amount of traffic comes from apps.

This means that a sizeable share of the mobile security risk comes from apps on these devices through the access and communication to third party servers of the location of the user, his or her device type, data from contact lists, and information from calendars. Though it was the internet through browsers that was once the greatest concern, when only desktops and laptops were being used, apps have changed the landscape for protecting devices against digital threats and risks.